Socure

Socure

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Organization

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Overview

Socure is the leading platform for digital identity verification and trust. Its predictive analytics platform applies artificial intelligence and machine learning techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity, and the broader internet to verify identities in real time. The company has more than 2,000 customers across the financial services, government, gaming, healthcare, telecom, and e-commerce industries, including four of the top five banks, seven of the top 10 card issuers, three of the top MSBs, the top payroll provider, the top credit bureau, the top online gaming operator, the top Buy Now, Pay Later (BNPL) providers, and over 250 of the largest fintechs. Marquee customers include Chime, SoFi, Varo, Robinhood, Public, Stash, Gusto, and DraftKings. Socure customers have become investors in the company including Citi Ventures, Capital One Ventures, MVB Bank, and Synchrony. Additional investors include Accel, T. Rowe Price, Bain Capital Ventures, Tiger Global, Commerce Ventures, Scale Venture Partners, Sorenson, Flint Capital, Two Sigma Ventures, and others.

Socure has received numerous industry awards and accolades, including named to the 2021 & 2022 Forbes Cloud 100 List, Forbes’ Fintech 50 List 2021, and Forbes’ America’s Best Startup Employers 2021, being named to CB Insights: The Fintech 250 for the third year in a row, being awarded Best New Technology Introduced Over the Last 12 Months—Data and Data Services at the 2020 American Financial Technology Awards (AFTAs), being ranked number 70 in Deloitte’s Technology Fast 500™, being listed as a Gartner Cool Vendor, being recognized by Forbes as one of the Top 25 Machine Learning Startups to Watch, being awarded Finovate’s Award for Best Use of AI/ML, to name a few. Founder/CEO Johnny Ayers has also been recognized by Goldman Sachs as one of the 100 Most Intriguing Entrepreneurs of 2021 and as an EY Entrepreneur of the Year 2022.

About

Industries

Information Services, Information Technology, Cyber Security, Artificial Intelligence (AI), Machine Learning, Predictive Analytics, Identity Management, Fraud Detection

Founded

2012

Employees

501-1000

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Socure headquartered in United States, North America, operates in the Information Services, Information Technology, Cyber Security, Artificial Intelligence (AI), Machine Learning, Predictive Analytics, Identity Management, Fraud Detection sector. The company focuses on Information Services and has secured $309.7B in funding across 416 round(s). With a team of 501-1000 employees, Socure is actively contributing to advancements in Information Services. Their latest funding round, Series A - Socure, raised $2.5M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Candace Klein

Candace Klein

Vice President of Emerging Markets

imagePlace Johnny Ayers

Johnny Ayers

Founder, President, and CEO

imagePlace Aaron Barfoot

Aaron Barfoot

Chief Financial Officer

imagePlace Matthew Thompson

Matthew Thompson

Growth Manager

imagePlace JT Gray

JT Gray

Vice President of Infrastructure Operations

imagePlace Michael Sleap

Michael Sleap

Sr. Director Of Compliance

Funding Rounds

Funding rounds

13

Investors

7

Lead Investors

0

Total Funding Amount

$744.4M

Details

10

Socure has raised a total of $744.4M in funding over 10 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2017Early Stage Venture13.9M
2021Late Stage Venture450.0M
2016Early Stage Venture13.0M
2014Early Stage Venture2.5M

Investors

Socure is funded by 126 investors.

Investor NameLead InvestorFunding RoundPartners
Caerus Ventures-FUNDING ROUND - Caerus Ventures2.5M
Anthiem Ventures-FUNDING ROUND - Anthiem Ventures2.5M
Socure-FUNDING ROUND - Socure2.5M
Archangel-FUNDING ROUND - Archangel2.5M

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